Safestay (LON:SSTY) Releases Quarterly Earnings Results

Safestay (LON:SSTY) posted its earnings results on Monday. The company reported GBX (15.48) earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,059 million during the quarter. Safestay had a negative net margin of 2.21% and a negative return on equity of 1.56%.

Safestay Price Performance

Shares of LON SSTY opened at GBX 12.32 on Monday. The company has a current ratio of 0.27, a quick ratio of 1.26 and a debt-to-equity ratio of 159.81. The stock has a fifty day simple moving average of GBX 13.05 and a two-hundred day simple moving average of GBX 14.97. Safestay has a 1-year low of GBX 10.30 and a 1-year high of GBX 26. The firm has a market cap of £8.00 million, a price-to-earnings ratio of -15.40 and a beta of 1.34.

Analysts Set New Price Targets

Separately, Shore Capital Group reissued a “house stock” rating on shares of Safestay in a research report on Monday.

Safestay Company Profile

Safestay PLC is one of Europe’s largest hostel groups, operating in the fragmented and fast-growing global hostel market that is expected to be worth $8.9bn annually by 2027*.

Safestay’s portfolio of 20 premium hostels and one hotel offer guests both private and shared rooms in destination cities across the UK, Spain, Belgium, Czech Republic, Germany, Greece, Italy, Poland, Portugal, and Slovakia.

In 2024, the Group delivered a 10% increase in Total Bed Nights to 931,688, 37% of which were booked through direct and non-commissionable channels.